REI Lense

REI Lense

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$2,750 (target)

2609 Still Meadow Rd, Irving, TX 75060

3 beds • 3 baths • 2095 sqft

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This property looks like a bad Long-Term investment with a projected -9.1% first-year return on $68,460 initial cash invested.

-9.1%

Cash On Cash

4.98%

Cap Rate

0.78

DSCR

$2,750

Rent

-$519

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,750 income − $3,269 expenses = $519 out of pocket

Income$2,750Out of Pocket$519Mortgage P&I$1,73563%Property Taxes$70125%Insurance$1174%Management$27510%CapEx$1385%Vacancy$1656%Maintenance$1385%

Investment Breakdown

|

Purchase Price

$326k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,460

Downpayment

20%

$65,200

Closing costs

1%

$3,260

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,750

Total Expenses

$3,269

Mortgage P&I

63%

$1,735

Property Taxes

25%

$701

Home Insurance

4%

$117

HOA

0%

$0

Property Management

10%

$275

CapEx

5%

$138

Vacancy

6%

$165

Maintenance

5%

$138

Other

0%

$0

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